As the New Year starts in Rexburg, Idaho, many of us are looking back on 2015 and planning ahead for 2016! As a business owner, evaluating your previous year (we’re talking calendar, not fiscal!) can help to progress your business in the upcoming year.
In 2015, maybe you implemented a smart marketing plan, or landed a big client, or escaped litigation because of your renewed business insurance. Whatever your accomplishments and failures have been in the past year, use them as a guide in your never-ending journey to do better as a business owner!
As you’re looking back at the year, here are some things you can do to make a better business next year!
Protect it. You may have escaped a devastating earthquake or even a business-breaking cyber attack, but you never know what the New Year will bring. Every business, no matter how big or small, faces certain threats. As a part of your year-end actions, look for areas of exposure and assess your need for protection. Better yet, call in a business insurance expert to show you what coverage you may be lacking.
Cut your business taxes. Minimize your tax bite by contributing to charity, contribute to your retirement plan, and provide health insurance for your employees!
Get organized. The New Year calls for a fresh start and an orderly business environment. Welcome 2016 in with a clean office, sorted email inbox, filed files, and a secure plan of action! In addition, set goals for your staffing, marketing, and technology areas to set your business up for success!